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20130421
20130421
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and the taxing of i.r.a.s and retirement plans. this has the nation abuzz. it has talk radio athe buzz. because people are worried, and they're not hearing by the way, tom, the $3 million threshold. because wh americans are hearing is the government is now going to plunder people's lifetime retirement savings. i think it's a very dangerous idea. >> i do too. one analyst said, if you start when you come out of college, so you're in your early 20s, and you go to your 60s, that the average nurse's salary, i mean, $3 million sounds like a lot to a lot of people, kind of that class warfare thing. the average nurse's retirement account will add up to more than $3 million. >> no doubt about it. i talk to young people, the most important thing you can do when you're in your late teens and your 20s is start saving early. as you know, what is it that albert eye stein said in the most powerful force in the universe is compound interest. if you start saving early, putting money in ira, 401(k) plans, you can amass not just 3 but $5 million, $10 million. is there something wrong with that? since when does th
to have the same enthusiasm for paying taxes for the education of its college students today than it had during the cold war. >> anybody else? back in the red shirt in the middle here. >> one of the kingpins of hollywood, more behind the seasons, was lou wasserman who seemed to helped his forces to some political efforts. what was his leanings? was he considered to be a lefty, righty, or just a pragmatist. >> the question is about lou wasserman and his political lengs. -- political leanings. richard? >> lou was seniorman was essentially a man defeated to the welfare of universal pictures. that's what he did and how he defined himself. it seems to me that wasserman was in a certain sense value neutral so long as whatever was happening worked to the benefit of his studio and his enterprise, and it was a vast enterprise by the time it was -- it reached full maturity. i don't think he was -- i don't think he was evil man. he was just a guy really tending to business in a very, very, i must say, very effective way. there's no question in my mind at least, that he was the weeding ontrip -- the
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